Workflow
VERSES® Sponsors Leading Conference on Active Inference
Globenewswire· 2025-08-12 12:55
Core Insights - VERSES AI Inc. is sponsoring the 6th annual International Workshop on Active Inference (IWAI), which focuses on advancing research in Active Inference and related fields [1][2] - The workshop will take place from October 15-17 at McGill University in Montreal, providing a platform for global researchers to connect and share insights [3] - VERSES researchers are actively contributing to the workshop with seven full papers and six poster presentations covering various topics including robotics and machine vision [3] Company Overview - VERSES is a cognitive computing company that develops next-generation agentic software systems inspired by natural principles [4] - The flagship product, Genius™, is designed to generate reliable domain-specific predictions and decisions under uncertainty [4] Industry Context - Active Inference is emerging as a key component of next-generation AI, with significant contributions from leading organizations such as Waymo and Mila [2] - The workshop aims to explore three core streams of Active Inference and Bayesian Brain research, highlighting the interdisciplinary nature of the field [3]
Trinity Biotech Achieves Breakthrough Clinical Trial Results for Redesigned CGM Sensor
Globenewswire· 2025-08-12 12:45
Clinical data confirms elimination of requirement for finger-stick calibration, de-risking pathway to commercialization for the company’s next-generation CGM+ biosensor platformDUBLIN, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Trinity Biotech plc (Nasdaq: TRIB), a commercial-stage biotechnology company focused on human diagnostics and diabetes management solutions, including wearable biosensors, today announced compelling positive clinical trial results demonstrating a major technical breakthrough and de-risking th ...
Safety Shot Acquires 10% Revenue Sharing Interest in Revenue Generating BONK.fun and Appoints BONK Founding Core Members to Board
Globenewswire· 2025-08-12 12:45
Core Insights - Safety Shot, Inc. has acquired a 10% revenue sharing interest in BONK.fun and invested $25 million in BONK tokens, marking a strategic pivot towards the decentralized finance (DeFi) sector [1][2] - The founding members of BONK.fun will occupy 50% of the board seats at Safety Shot, indicating a strong alignment of interests [2] - BONK.fun has rapidly grown since its launch in April 2025, becoming a leading platform for creating meme coins on the Solana blockchain, with a market capitalization exceeding $2 billion [3][4] Company Developments - Safety Shot has reserved the ticker symbol "BNKK" with Nasdaq, reinforcing its commitment to this new strategic direction [2][8] - The integration with BONK.fun is expected to create a unique opportunity for public market investors to participate in the revenue generated by a successful decentralized platform [4][8] - Safety Shot plans to reinvest approximately 90% of its revenue from BONK.fun into a treasury of BONK tokens, establishing a robust growth model [5][6] Industry Context - BONK.fun operates as a decentralized platform with low operating costs, allowing most of its revenue to flow directly to profit, which will be used to buy back BONK tokens [6] - The platform has facilitated the launch of over 20,000 new tokens in a single day, with daily trading volumes exceeding $100 million, indicating significant economic activity [7][9] - The revenue-sharing model of BONK.fun offers uncapped growth potential, contrasting with traditional staking methods that provide limited yields [5][9]
ALK upgrades its full-year revenue outlook
Globenewswire· 2025-08-12 12:45
Core Viewpoint - ALK has upgraded its full-year financial outlook for 2025 due to higher-than-expected revenue in Europe and an improved outlook for the remainder of the year [1][2]. Group 1: Financial Performance - Total revenue for Q2 grew by 12% in local currencies, reaching DKK 1,527 million, compared to DKK 1,374 million in the previous year [3]. - EBIT increased by 41% in local currencies to DKK 375 million, resulting in an EBIT margin of 25% [3]. - The revenue growth forecast has been revised to 12-14% in local currencies, up from the previous estimate of 9-13% [8]. Group 2: Market Dynamics - Q2 performance was positively influenced by sales of adrenaline autoinjectors and strong momentum for tablets in Europe, which is expected to continue in the second half of the year [2]. - There is anticipated solid growth in tablet sales in North America, contributing to the overall positive outlook [2]. - The updated forecast reflects reduced risks associated with market conditions in Europe for the remainder of the year [2]. Group 3: Strategic Investments - Based on the improved revenue outlook, ALK plans to allocate additional funds to strategic growth investments in the second half of the year [2].
Allesin Prestige Motorized Zebra Shades Make Light Control Simple
Globenewswire· 2025-08-12 12:42
NEW YORK, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Allesin is bringing a smarter, more flexible way to control light and privacy with the launch of Allesin Prestige Motorized Zebra Shades. This release serves North America’s growing appetite for smart window shades that deliver motorization, sustainability, and style. Designed with alternating sheer and solid fabric bands, these shades adjust seamlessly throughout the day—no cords, no hassle. Users can manage light levels with a remote, app, or even voice control, ...
Kandi Technologies' Subsidiary China Battery Exchange Signs Agreement with CATL to Become Battery Swap Station Equipment Supplier
Globenewswire· 2025-08-12 12:38
Core Viewpoint - Kandi Technologies Group, Inc. has entered into a strategic partnership with Contemporary Amperex Technology Co., Ltd. (CATL) through its subsidiary, China Battery Exchange, to enhance the battery swapping ecosystem in China, supporting CATL's ambitious deployment plan for battery swapping stations [1][2][5]. Group 1: Partnership and Strategic Importance - The partnership signifies China Battery Exchange's official entry into CATL's battery swap ecosystem, which is crucial for CATL's "Ten Thousand Station Plan" [2]. - This collaboration is expected to deepen Kandi Technologies' strategic footprint in the new energy infrastructure sector, unlocking significant growth opportunities [5]. Group 2: Agreement Details - Under the Framework Procurement Contract, China Battery Exchange will supply standardized, high-performance battery swapping station equipment, including main station structures and advanced robotic systems [3]. - CATL aims to deploy 500 battery swapping stations in the current year, with a long-term goal of over 10,000 stations across mainland China, creating substantial demand for battery swapping equipment [3]. Group 3: Technological Advancements - Kandi Technologies is recognized as a pioneering force in China's electric vehicle battery swapping ecosystem, featuring an intelligent battery swapping system with rapid 90-second swapping and automated billing [4]. - The company’s system includes nine core modules, enhancing operational efficiency and user experience in battery swapping [4]. Group 4: Company Background - Kandi Technologies Group, Inc. specializes in the research, development, and manufacturing of all-electric personal transportation and utility vehicles, with a focus on off-road mobility solutions [7]. - The company is headquartered in Jinhua, China, and is actively pursuing opportunities in emerging high-tech areas, leveraging its robust manufacturing capabilities [7].
WISeSat.Space to Attend “Small Satellite Conference” in Salt Lake City on August 10 – 13
Globenewswire· 2025-08-12 12:30
Core Insights - WISeSat.Space, a joint venture of WISeKey and SEALSQ Corp, is participating in the "Small Satellite Conference" from August 10-13 in Salt Lake City to expand U.S. partnerships and accelerate the deployment of its secure low Earth orbit (LEO) satellite constellation [3][4] - The company aims to deploy 100 satellites by 2027-2028, establishing one of the largest secure LEO infrastructures for global IoT and D2D communications [4][5] - Over 25 WISeSat.Space satellites are currently in orbit, providing secure, cost-effective, and real-time IoT connectivity for critical applications across various industries [4][5] Company Strategy - The initiative addresses the global demand for sovereign space infrastructure, enabling nations and corporations to reduce dependency on foreign technologies and protect sensitive data [6] - WISeSat.Space's satellites will incorporate post-quantum encryption and digital identity technologies to ensure robust cybersecurity [5][6] - The modular architecture of the satellites allows for rapid scalability to meet evolving global needs [7] Industry Context - The project is positioned as a strategic asset for digital sovereignty, emphasizing the necessity of having a sovereign satellite infrastructure in today's geopolitical climate [6] - The constellation aims to provide an independent layer of digital trust to support secure communications, navigation, broadcasting, and data sovereignty [6] - WISeKey, as a global leader in cybersecurity and IoT solutions, plays a vital role in securing the Internet of Everything with over 1.6 billion microchips deployed across various sectors [10]
Ethical Web AI Announces Distribution Deal with Ingram Micro and a Significant Upgrade to AI Vault
Globenewswire· 2025-08-12 12:30
Core Insights - Ethical Web AI has secured a significant distribution agreement with Ingram Micro for its AI product, AI Vault, which addresses data protection compliance issues faced by generative AI applications [1][4] - The release of AI Vault version 1.5 Beta allows for broader distribution beyond AWS Marketplace, targeting small to medium-sized businesses and enhancing the product's market reach [5][6] Company Overview - Ethical Web AI is focused on creating ethical technology solutions that ensure data protection and compliance, particularly in sectors that have restricted access to generative AI tools due to regulatory concerns [6][9] - The company emphasizes its strengths in innovative software development and intellectual property protection, while relying on partnerships for sales and marketing efforts [4][6] Distribution Partnership - Ingram Micro will manage the relationship with Amazon Web Services (AWS) and assist in maximizing sales and funding opportunities, with plans to market AI Vault directly to its existing client base [3][4] - The partnership is expected to enhance Ethical Web AI's route-to-market strategy and contribute to achieving cash flow positivity within nine months [4] Product Development - AI Vault version 1.5 Beta includes improvements such as document uploading capabilities and a user-friendly interface, making it accessible to a wider audience [5][6] - The development of this version was completed in one month, highlighting the company's commitment to rapid product enhancement [6]
Fifty1 Labs, Inc. and BioSpark AI Unlock 2,000+ Real-World Treatment Pathways to Accelerate Functional Medicine Innovation
Globenewswire· 2025-08-12 12:30
Strategic partnership and planned acquisition position Fifty1 Labs to dominate AI-driven drug repurposing and wellness therapeutics at scaleVANCOUVER, British Columbia and PALO ALTO, Calif., Aug. 12, 2025 (GLOBE NEWSWIRE) -- via IBN -- Fifty1 AI Labs, a subsidiary of Fifty 1 Labs, Inc. (OTC: FITY), together with its commercial partner BioSpark AI Technologies Inc., is announcing a major milestone in its AI-driven drug repurposing and functional medicine initiative. The joint effort has successfully transfor ...
Quoin Pharmaceuticals Releases Fourth Episode in NETHERTON NOW Video Series Featuring International Patient Advocate Mandy Aldwin-Easton
Globenewswire· 2025-08-12 12:30
New Episode Highlights the Painful, Often Misunderstood Reality of Living with Netherton Syndrome and the Urgent Need for Effective TreatmentsASHBURN, Va., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Quoin Pharmaceuticals Ltd. (NASDAQ: QNRX) (“Quoin” or the “Company”), a late clinical-stage specialty pharmaceutical company focused on rare and orphan diseases, today announced the release of the fourth episode in its NETHERTON NOW video series. This installment features Mandy Aldwin-Easton, a Netherton Syndrome patient ...